Thursday, March 22, 2012

Electronic Security Products

US demand to increase 9% annually through 2014Sales of electronic security products and systems in the US are expected to grow nearly nine percent per year to more than $17 billion in 2014. Growth will be driven in large part by a strong cyclical rebound in construction and capital investment spending from a low 2009 base, following a period of economic contraction and a tight credit environment. Ongoing technological improvements and falling prices are also major factors in sales growth, motivating customers to upgrade systems, and greater market penetration.

Access controls to continue growing at double-digit ratesThis study covers six categories of electronic security products: access controls, alarms, closed-circuit television (CCTV), contraband detection devices, electronic article surveillance (EAS) systems, and automotive and other security products. Access controls represent the largest and fastest growing product segment. Advances will be driven by interest in automating security, reducing the need for traditional alternatives such as keys and security personnel. market to market

Industrial sector to be fastest growing marketThe fastest growing market for electronic security equipment through 2014 will be the industrial sector, which includes manufacturing, mining and construction, and utilities. The primary factor behind this growth is the market’s cyclical recovery from a low 2009 base. 

For more information kindly visit : Electronic Security Products to 2014


Contact us at :

Bharat Book Bureau
Tel: 22 27810772 / 27810773
Fax:  0091 22 27812290

No comments:

Post a Comment